Pharmacy

Are You Looking to Buy or Sell a Pharmacy?

Whether you’re buying or selling a pharmacy, HealthGrowth Advisors is a uniquely qualified resource. We are much more than transactional brokers. Our team has extensive experience helping pharmacists achieve their dream of ownership by assisting them valuing a target pharmacy, negotiating terms with the seller and arranging the most advantageous acquisition capital available.

We are also operations experts and understand how to optimize the performance of your pharmacy after you have bought it to make a good pharmacy, a great pharmacy!

When we advise a seller of a pharmacy, we understand the operating nuances (retail, specialty, LTC, closed-door, etc.) and can help build a plan that values and positions each pharmacy to maximize the ultimate sales-price achieved.

As advisors and lenders to the pharmacy industry, we have a huge network of customers and partners who work with us as we help our customers – as buyers or sellers.  We focus on service and delivering a quick, successful transitions of ownership.

Are You Starting Up a New Pharmacy?

The process of starting-up a new pharmacy can be daunting. The rigors of navigating the regulatory, compliance and Third- Party Payor complexities is a challenge when you’re working to execute your business plan, marketing your new business and managing the day to day operations of a pharmacy.

As one of the leading lenders in the pharmacy industry, we have a unique understanding of all aspects of the business. HealthGrowth partners with state-of-the art, best in class resources that can help you achieve success with your start-up.

Don’t start-up a pharmacy without the experts at HealthGrowth Advisors as your partner.  We will help you build a solid foundation on which to build a successful pharmacy for years to come.

Do You Need Help With DIR fees?

Most pharmacies today are struggling with the impact that DIR fees have on their business.

DIR fee are a complex and growing burden on today’s retail pharmacies and, left unchecked, will siphon–away profits and liquidity out of a once prosperous business.

HealthGrowth Advisors can help your pharmacy mitigate the depth and scale of DIR fees.

Let HealthGrowth Advisors guide you through the maze of rules governing DIR fees and assist you in operating procedure and processes that will directly reduce these fees.

Don’t allow  your PBM to bully you any longer!  Take back control of your business by calling and speaking with one of our experts, today!

Would You Like Help Improving Your Pharmacy’s Performance?

The HealthGrowth Family of Companies has a rich heritage of financial expertise. We understand the opportunities and challenges that pharmacy owners face everyday.

HealthGrowth Advisors was created to help pharmacy owners achieve best-practices that will optimize performance and help guide your business around the potholes that can mean the difference between success and failure.

Most pharmacies struggle with one of more of these strategic disciplines:

* Inventory Management

* Optimizing human resources

* Margin enhancement and ancillary services

* Community image development

Let HealthGrowth Advisors help you maximize your performance in ways that will allow you to provide superior service to your patients while improving your productivity and bottom-line.

Do you need Help with Staffing?

Behind the cost of goods sold, payroll is a pharmacy’s largest expense. Surprisingly, very few pharmacy owners give them a second thought.  Even when an owner is focused on wages, it is not always easy to know what the right staffing levels are and when and how to add or reduce personnel.

HealthGrowth Advisors can help.

Our experts will use national and local averages to make sure your staffing matrixes compare favorably with other businesses of your size. We then make recommendations on ways to reduce expenses without impacting customer service.  We can also help you to find top quality employees who will positively impact your customers’ experience.

Contact one of our advisors today to talk about how we can help.

Does Your Pharmacy Need Working or Growth Capital?

The operating environment for pharmacies has dramatically changed over the past few years. PBM’s and DIR fees have shrunk margins and depleted cash flow.  Inconsistencies in third party payments from month to month, as well as the cycles on how DIR fees are evaluated and administered can create huge issues in a pharmacy’s cash flow.

They say that “cash is king”, but what can you do when the king is being held hostage at the PBM?

HealthGrowth Advisors can help! We understand today’s business climate and have the expertise to help keep you business properly funded while you wait for reimbursements to be paid. Often that requires working or growth capital. Money to land a new LTC contract. Funds to expand into adjoining space. Capital to  bring automation into your pharmacy.

Talk to our experts about out customized solutions to address your specific needs.

Are You Looking to Expand Your Current Business?

Keeping a pharmacy running smoothly while expanding into new, higher-margin business-segments can be a serious challenge. You want to keep your focus and learn about the new opportunity, but your base-business requires your attention, as well.

HealthGrowth Advisors can help.

Whether your expanding into Specialty, Long Term Care, 340-B, Compounding, Immunization, Compliance Packaging, E-commerce or starting your own PBM, HealthGrowth Advisors and its network of partners will guide you every step of the way.

Ask to speak to one of our experts today about diversifying your business-mix today.